Versant Closing of a $18MM Non-Recourse Factoring Facility for Importer

October 3, 2025 - Versant Funding is excited to announce the closing of a $18,000,000 Non-Recourse Factoring Facility. While tariffs have increased landed costs and squeezed profitability for importers, Versant’s factoring program has provided critical relief. By advancing cash against receivables, Versant has helped importers offset the higher upfront expenses tied to duties and freight, while still maintaining healthy working capital. The ability to convert invoices into immediate liquidity has allowed companies to manage cash flow more predictably, cover increased tariff-related costs, and continue investing in inventory without disruption.